Invesco Ltd. [NYSE: IVZ] stock went on an upward path that rose over 2.97% on Wednesday, amounting to a one-week price increase of more than 2.68%. The company report on August 9, 2022 that Invesco Ltd. Announces July 31, 2022 Assets Under Management.
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Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,449.0 billion, an increase of 4.2% versus previous month-end. The firm experienced net long-term outflows of $5.2 billion in the month. Non-management fee earning net inflows were $1.4 billion and money market net inflows were $5.1 billion. AUM was positively impacted by favorable market returns which increased AUM by $57 billion. AUM was not materially impacted by exchange rate movements during the month. Preliminary average total AUM for the quarter through July 31 were $1,408.7 billion, and preliminary average active AUM for the quarter through July 31 were $961.7 billion.
Over the last 12 months, IVZ stock dropped by -26.18%. The one-year Invesco Ltd. stock forecast points to a potential downside of -2.97.
The market cap for the stock reached $8.31 billion, with 456.50 million shares outstanding and 367.07 million shares in the current float. Compared to the average trading volume of 3.93M shares, IVZ stock reached a trading volume of 4702680 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Invesco Ltd. [IVZ]:
BMO Capital Markets have made an estimate for Invesco Ltd. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on June 13, 2022. The new note on the price target was released on April 12, 2022, representing the official price target for Invesco Ltd. stock. Previously, the target price had yet another drop from $29 to $27, while Morgan Stanley kept a Equal-Weight rating on IVZ stock. On January 26, 2022, analysts decreased their price target for IVZ shares from 28 to 25.
The Average True Range (ATR) for Invesco Ltd. is set at 0.56, with the Price to Sales ratio for IVZ stock in the period of the last 12 months amounting to 1.24. The Price to Book ratio for the last quarter was 0.76, with the Price to Cash per share for the same quarter was set at 2.07.
IVZ Stock Performance Analysis:
Invesco Ltd. [IVZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.68. With this latest performance, IVZ shares gained by 15.60% in over the last four-week period, additionally sinking by -20.40% over the last 6 months – not to mention a drop of -26.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IVZ stock in for the last two-week period is set at 63.10, with the RSI for the last a single of trading hit 68.07, and the three-weeks RSI is set at 58.41 for Invesco Ltd. [IVZ]. The present Moving Average for the last 50 days of trading for this stock 17.15, while it was recorded at 18.01 for the last single week of trading, and 20.91 for the last 200 days.
Insight into Invesco Ltd. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Invesco Ltd. [IVZ] shares currently have an operating margin of +27.76 and a Gross Margin at +66.41. Invesco Ltd.’s Net Margin is presently recorded at +23.25.
Return on Equity for this stock inclined to 10.92, with Return on Assets sitting at 4.71.
IVZ Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IVZ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Invesco Ltd. go to 0.18%.
Invesco Ltd. [IVZ] Insider Position Details
There are presently around $5,564 million, or 88.70% of IVZ stock, in the hands of institutional investors. The top three institutional holders of IVZ stocks are: TRIAN FUND MANAGEMENT, L.P. with ownership of 54,034,034, which is approximately 18.824% of the company’s market cap and around 1.60% of the total institutional ownership; VANGUARD GROUP INC, holding 52,105,335 shares of the stock with an approximate value of $957.7 million in IVZ stocks shares; and BLACKROCK INC., currently with $698.09 million in IVZ stock with ownership of nearly 6.44% of the company’s market capitalization.
Positions in Invesco Ltd. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 270 institutional holders increased their position in Invesco Ltd. [NYSE:IVZ] by around 32,522,695 shares. Additionally, 253 investors decreased positions by around 26,580,221 shares, while 84 investors held positions by with 243,597,771 shares. The mentioned changes placed institutional holdings at 302,700,687 shares, according to the latest SEC report filing. IVZ stock had 58 new institutional investments in for a total of 3,129,916 shares, while 77 institutional investors sold positions of 8,133,913 shares during the same period.